6, ALCOVE WOOD, CHEPSTOW, NP16 6DT - £397,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 ALCOVE WOOD is a very large extended detached house of 160m², built sometime between 1996 and 2002, which could now be worth an estimated £581,732. It was last sold for £397,500 in July 2017, which was around 18% above the average July 2017 detached price in the Monmouthshire local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

6 ALCOVE WOOD Sold Prices

Land registry data shows two sales for 6 ALCOVE WOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Monmouthshire local authority area for the corresponding sale date. Both of the two 6 ALCOVE WOOD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 25 JUL	£397,500	£336,183	18% above HPI
2002 20 DEC	£268,500	£180,332	49% above HPI

6 ALCOVE WOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Monmouthshire local authority area over time, sourced from the HPI. The two 6 ALCOVE WOOD sales from December 2002 and July 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2002 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the July 2017 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 6 ALCOVE WOOD be worth now?

6 ALCOVE WOOD might now be worth an estimated £581,732.

This is based on house price inflation of 46.3%, between July 2017 and February 2025, for detached houses, in the Monmouthshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.3% inflationary increase is applied to the most recent sale price for 6 ALCOVE WOOD of £397,500 on 25th July 2017. For the value to have increased from £397,500 to £581,732 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 6 ALCOVE WOOD has moved in line with the HPI for detached houses in the Monmouthshire local authority area.
• The July 2017 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 6 ALCOVE WOOD has not materially changed since July 2017.

How Large is 6 ALCOVE WOOD?

6 ALCOVE WOOD is 160m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 20% of detached houses houses in Chepstow, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chepstow, and where 6 ALCOVE WOOD lies on this distribution: 81% of detached houses houses are smaller than 6 ALCOVE WOOD, and 19% of houses are larger. Note that EPC data is not available for all properties in Chepstow.

6 ALCOVE WOOD: Plot and Title Map

6 ALCOVE WOOD sits on a plot of roughly 0.138 of an acre, or 559m². The below map shows the location of 6 ALCOVE WOOD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 ALCOVE WOOD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 ALCOVE WOOD?

6 ALCOVE WOOD is located in CHEPSTOW, in the NP16 postcode district. The below map shows the position of No. 6 on ALCOVE WOOD.